Question

if the cost price of 13 chocolates is equal to the selling price of 14 chocolates ..find gain or loss percentage

Answer 1

13
12
13-12=1
1/14×100
= 25

Answer 2

CP of 13 chocolates=SP of 14 chocolates
Let the CP of 1 chocolate be ₹1.
therefore, the CP of 13 chocolates=₹13
that means, SP of 14 chocolates=₹13
therefore,CP of 14 chocolates=₹14[since CP of 1 chocolate=₹1]
Now,
$sp < cp$
there is loss.
Loss=CP-SP
=₹(14-13)
=₹1
L%=
$loss \div cp \times 100$
=₹1÷₹14×100
=7.14
that means, there is 7.14% loss
Hope it helps!!!!!!